From: Ron Hays []
Sent: Monday, August 27, 2007 16:43
Subject: Oklahoma's Farm News Update
Oklahoma's latest farm and ranch news
Your Update from Ron Hays of RON for Tuesday August 28, 2007!
A service of Farm Credit of East Central Oklahoma & Midwest Farm Shows
-- Oklahoma's Spring Planted Crops in Good to Excellent Shape- except for Soybeans
-- Looking back on 2007- and ahead to 2008- we spotlight Dr. Brett Carver- leader of the OSU Wheat Improvement Team.
-- Time to Start Thinking Cotton Harvest Strategies for 2007
-- New Muscles from the Chuck Roll Could Prove to Be HUGE for the Beef Business!
-- Grain Sorghum Selling Like Hotcakes in the International Arena!
-- Kansas City Wheat Contract Changes Approved by Uncle Sam- Starting with the July 2008 Contract

Howdy Neighbors!

Here's your morning farm news headlines from the Director of Farm Programming for the Radio Oklahoma Network, Ron Hays. We are proud to welcome Farm Credit of East Central Oklahoma as a regular sponsor of our daily email update. Farm Credit of East Central Oklahoma has ten branch offices to serve your farm financing needs and is dedicated to being your first choice for farm credit. Check out their website for more information by clicking here!

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Oklahoma's Spring Planted Crops in Good to Excellent Shape- except for Soybeans
Soybean crop ratings here in the state show the crop in mostly fair to good condition, while our other spring planted crops, including cotton, corn and grain sorghum- all are in good to excellent shape. We are now starting to harvest this year's Oklahoma corn crop- with 12% now harvested as of the weekend.

This week's Crop Weather update shows show improvement in the topsoil and subsoil moisture ratings- but there is actually improvement only in the areas where Erin dumped large amounts of rain on the state last weekend.

The report also speaks of a surplus of hay in the state- making it tough for some folks to be able to find an outlet for hay they wish to sell. The ratings on the hay crop this year stand at 68% good to excellent for other hay(other than alfalfa) with alfalfa hay 50% good to excellent. Pasture conditions continue to be some of the better ratings in the country at 74% good to excellent. We have the latest report from USDA linked below for you to review in total.

Click here for this week's Crop Weather Update from USDA's NASS

Looking back on 2007- and ahead to 2008- we spotlight Dr. Brett Carver- leader of the OSU Wheat Improvement Team.
It may turn out to be a silver lining in the dark clouds of the 2007 harvest of our winter wheat crop across the state of Oklahoma. Dr. Brett Carver says that we came out of the horrible harvest conditions and other production problems with a lot of valuable information about both our tried and true wheat varieties as well as our newer lines that have been around for just a few years.

Dr. Carver says that we learned a lot about how various varieties handled disease, freeze and the endless rains of early June to early July. We also learned about quality characteristics of these varieties with the production challenges of 2007. He likes how OK Bullet handled the tough weather conditions in many locations- and he says that a K-State variety that did well in 2007 in several Oklahoma test plots was Fuller- an earlier wheat that has some Jagger parentage in it.

You can hear our full conversation with Dr. Carver by clicking on the link below

Click here to listen to Ron and Brett talk about the challenges of finding varieties to match up against the variation of Oklahoma's climate.

Time to Start Thinking Cotton Harvest Strategies for 2007
COTTON HARVEST PROSPECTS appear very promising for the 2007 crop, according to Dr. J.C.Banks, Oklahoma State University Extension state cotton specialist: "With a warm fall, I expect to see high (maybe a record) yields on our Oklahoma cotton crop," he says. "I was planning to write about timing of the final irrigation on cotton, but tropical storm Erin changed the emphasis back to management of dryland cotton. Our cotton was starting to stress some due to a root system that is not as deep as usual, but this general rain is what we need to finish out the crop.

Dr. Banks adds "In some areas, I've heard reports of extremely high rainfall amounts, which probably caused enough runoff to make the field rough for harvesting, and if heavy winds accompanied the rainfall the cotton could have lodged. When large green bolls are on the plant, their weight will usually keep the cotton plant on the ground and make harvesting difficult. Many times a cotton crop that is well into fruiting will have a large fruit shed following a rain. This is not caused by the rainfall but by a decrease in carbohydrates feeding the bolls. Cotton that is fruiting heavily has a high carbohydrate demand, and any slight decrease in the supply will cause it to shed the small bolls that have formed just after blooming. Usually, rainfall is accompanied by cloudy weather and cooler temperatures. This slows the nutrient production by the plant and the plant reacts by shedding fruit. If a dryland crop has been under water stress, fruit abscission layers have already formed on some small bolls, and they may go ahead and drop following the rainfall.

"In either case, if sunshine and warmer weather follows the rainfall, the plant will make up for the loss of bolls by holding onto bolls higher on the plant. The cotton should be cutting out or blooming out the top in late August. Normally, a bloom made after September 1 will not remain on the crop, so our crop has just about set it's yield at this time."

New Muscles from the Chuck Roll Could Prove to Be HUGE for the Beef Business!
Bucky Gwartney of the National Cattlemen's Beef Association says there is a world of potential in the Chuck Roll as the beef industry has identified two or three additional muscles that will be the next wave of "value cuts" in the next year or so.

And- there are more muscles yet to be identified from the Muscle Profiling Study that is almost a decade old. It's been an amazing transformation of bringing low value parts of the carcass into the world of muscles that are as tender as many of our steaks and upping their value dramatically. We talk with Byucky today more about this process and where we may be headed in the next few years with this ongoing expedition into the world of value of cuts.

You can hear this second day of comments with Bucky Gwartney of the NCBA on our Beef Buzz for a Tuesday on the Radio Oklahoma Network- or you can click below and check it out at your convenience!

Click here for today's Beef Buzz with Ron and Bucky on the road ahead for the Value Cuts!

Grain Sorghum Selling Like Hotcakes in the International Arena!
Sorghum is trading at a premium to corn in European markets as the European Union, which has an embargo on genetically modified products, suffers from unpredictable weather and resulting crop shortages and damage. According to U.S. Grains Council director Kurt Shultz, demand for sorghum is up. Spain has imported 23.1 million bushels of sorghum since the marketing year began. That's nearly 10 times that country's sorghum imports. Italy has also begun importing U.S. sorghum - 1.5 million bushels since the marketing year began.

Geographically, Shultz says, Spain's livestock industry is very large but lacks feed ingredients right now. The nearest grain stocks are in Hungary. But, internal transportation costs are high, making grain imports via ship more attractive. Shultz says - we should see continued demand for sorghum for the next six months as Spain will continue to import until their wheat harvest comes in next spring.

Drought in eastern Europe and heavy rains in France and the United Kingdom have dramatically reduced grain production in the European Union, leaving the bloc with a record low level of grain stocks of about 2 million tons, mostly in Hungary.

Kansas City Wheat Contract Changes Approved by Uncle Sam- Starting with the July 2008 Contract
The Kansas City Board of Trade announced last week that it has received approval from the Commodity Futures Trading Commission for revisions to its hard red winter wheat contract. "Over the course of our extensive discussions, the [Wheat] Committee recognized that certain modifications could further enhance the wheat futures contract," said Greg Edelblute, chairman of the KCBOT's Wheat Contract Committee in a press release about the changes.

"The changes proposed were considered necessary given the industry's continued consolidation, the continuing trend of railroads toward larger units and the desire of commercial market participants to have deliverable grades on the contract that better reflect the quality of wheat handled in both domestic and international trade."

Specific changes include:
Additional delivery points of Salina/Abilene and Wichita.
Location differentials of 12 cents/bushel under contract price for Salina/Abilene and 6 cents/bushel under contract price for Wichita.
Contract grades of No. 2 hard red winter or better.
Maximum 10 insect damaged kernels ("IDK") per 100 grams.
Load out fee of 8 cents per bushel and storage of 4.5 cents per month.
We have a link to the KCBT web site below for more information- these changes do take effect with the July 2008 contract.

Click here for more information from the Kansas City Board of Trade Web Site on their Hard Red Winter Contract changes

Our thanks to Midwest Farm Shows and Farm Credit of East Central Oklahoma for their support of our daily Farm News Update. For your convenience, we have our sponsors' websites linked at the top of the email- check them out and let these folks know you appreciate the support of this daily email, as their sponsorship helps us keep this arriving in your inbox on a regular basis!

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